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20121203
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Current
Dec 3, 2012 3:00am PST
. will john boehner get out of the way and let us avoid another fiscal crisis? hey, good morning, everybody. what do you say? here we go. on a great big monday monday december 3rd, good to see you today. hope you had a good weekend and watched some good football got maybe some holiday shopping christmas shopping. a lot of people around here in the eastern market neighborhood of capitol hill buying their christmas trees. i saw them all day saturday all day sunday loading x-rays trees on top of the cars going home, carrying them home to deck raid the x-rays -- decorate the christmas trees. lots to talk about this morning here around the country, around the globe, around here in washington, d.c. we will bring you up to date on the latest to let you know what's going on, but most importantly, give you a chance to sound off. >> that's what it's all about. you can give us a call at 866-55-press. you can twit -- join us on twitter or tweet us @bpshow and follow us on facebook.com. and you can join the chat room and talk about the issues with your fellow "full-court press"ers across the
MSNBC
Dec 3, 2012 3:00pm PST
and today speaker boehner said the white house plan was a, quote, a la-la land offer. well, earlier today the gop finally revealed its own proposal. it says that it offers $2.2 t l trillion in debt reduction and calls for the increasing the medicare eligibility age and social security on the table. gutting entitlements, check. but what about getting rid of the bush tax cuts for the upper income? you know the key point from the campaign? in a letter to the president, gop leaders said they will continue to oppose and will not agree to them. in fact, they propose not to raise tax rates for the wealthy but to lower them. that's from speaker boehner who said this about the president's plan. >> i was flabbergasted. i looked at him and said, you can't be serious. i've just never seen anything like it. >> never seen anything like it? the president won the election on that premise. but speaker boehner he seemses to have forgotten that. >> they must have forgot and then republicans continue to hold the majority in the house. but, you know, the president's idea of a negotiation is, roll over a
MSNBC
Dec 3, 2012 1:00pm PST
hikes. john boehner blasting the president's, quote, la la land offer. that just moments after the president took his plan to the people answering questions about the fiscal cliff on twitter, and with less than a month to go, the white house dispatched treasury secretary tim geithner to five sunday talk shows to declare tax rates on the wealthy are going up one way or another. >> if the republicans say, sorry, no way are we going to raise rates on the wealthy. you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, a the a time when the american economy was doing exceptionally well, then there will not be an agreement. >> while geithner was drawing a line in the sand, house speaker john boehner was busy trying to lift his jaw off the flar after geithner presented the president's debt reduction plans to him last week. >> i was just flabbergasted. i looked at him and said you can't be serious. i have just never seen anything like it. >> yes, indeed, it seems that republicans ar
MSNBC
Dec 3, 2012 2:00pm PST
boehner can be talked around in the 28 days that we have left. thanks so much for watching this monday afternoon. chris matthews and "hardball" is next. >>> obama to boehner, get serious. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. the republicans have their plan and it's great news for the rich. speaker john boehner just put it out. those at the top, the 2%, are safe. your bush tack cuts are going keep on giving. one problem, mr. boehner, you lost. that was injure position before the election, and you lost. mitt romney campaigned on keeping the tax cuts for the wealthy, and he lost. and he promised to do what john bain ser doing right now, and he lost. how about some respect for the electorate? how about seeing what the 2012 presidential debate was about? obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had t
MSNBC
Dec 3, 2012 3:00am PST
that is inexcusable. >> could i just say, in the words of speaker john boehner, we need to find common ground here, and we need to do it quick. >> there ain't going to be any between these two ties, my man. over here, good news, jon meacham will be number one on "the new york times" best-seller list this weekend. >> hear, hear. >> his book, "jefferson." bad news is he's going to get there wearing that tie with bunny rabbits on it. here they are. could we get a text poll? >> can i just tell you, i got this from harold ford. >> that explains a lot. >> so there you go. >> that means it's free at both ends. >> it's a disgrace to michael steele who dresses so well each and every day. >> look, i just show up and play, baby. that's it. >> you're doing a good job with that. >> got the pocket square. steele's going for if. >> congratulations on the book. >> thank you. >> going gangbusters. >> thank you. it's been fun. i've been out talking to folks, and everybody's been really, really nice. >> why are people so thrilled? i'm not saying this to give you crap. >> i can tell. >> why are peo
FOX
Dec 2, 2012 4:00pm PST
speaker john boehner. geithner and boehner, only, on fox news sunday. >>> plus we have seen this movie before. the two parties edging closer and closer to the brink. we'll ask our sunday panel whether we'll get a happy ending for an economic disaster. >>> and our power player of the week, a young beauty queen has to make a tough choice, all, right now on fox news sunday. ♪ >> chris: and, hello again from fox news in washington. well, we had quite a day around here, friday. with talks to avoid the fiscal cliff deadlock and everyone saying, the other side is to blame, treasury secretary geithner scheduled a round of interviews, then, friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday, to tell his side of the story. you'll hear from boehner in a few minutes, but first here's my conversation with tim geithner about the lack of progress in steering away from that cliff. >> chris: secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> chris: i spoke with house speaker boehner just before i came over here and he says whe
MSNBC
Dec 3, 2012 9:00am PST
president obama has a clear message for speaker of the house john boehner. >> terrified of what you might say. your move, chief. >> the a.p. headline reads white house to gop, it's your move. it is a point treasure secretary timothy geithner made clear over and over and over again. >> we've laid out a very detailed plan of spending cuts, $600 billion in spending in mandatory programs over ten years. if they would like to go beyond that or do it differently they need to tell us what they propose and then tell us what makes sense to them. but what we can't do is try to figure out what makes sense for them. tell us what they like as a complement to that. we can't react to anything until we see doots he tails of a proposal. we can't figure out what they need. they have to tell us. >> house speaker john boehner isn't playing ball claiming the white house proposal is a joke. >> it's flabbergasted. you can't be serious. i've never seen anything like it. >> boehner insists that talks have broken down. >> right now i would say we're nowhere. period. we're nowhere. we've put a serious offer o
FOX News
Dec 2, 2012 11:00pm PST
geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here. he said when you presented your plan
MSNBC
Dec 3, 2012 11:00am PST
voters. over the weekend house speaker john boehner said these negotiations are nowhere. jay carney disagrees with that assessment. now phone calls at this point between president obama and congressional leaders, but the white house says the talks will be ongoing over the next several days, tamron. >> thank you. the president's q and a on twitter comes days after republicans flat-out rejected his opening bid in negotiations. house speaker john boehner appeared on one sunday morning talk show to see the president's proposal was not in his opinion a proposal at all. >> i was flabbergasted and said, you can't be serious. i just have never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. >> treasury secretary tim geithner appeared on five separate sunday morning talk shows. he says it's the gop who have been short on specifics. >> we said how and how much and who should pay. they haven't proposed what they think. >> joining me now is california congressman karen bass. thank you
Current
Dec 3, 2012 6:00am PST
place for future generations. those rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner is going on and on about how he's shocked and amazed at president's plan and is refusing to offer a counter plan on the republican side. you want to talk about this or anything else, join us online at current.com/stephaniemiller. we'll see you with more after the break. kind of guys who do like reverse mortgage commercials? those types are coming on to me all of the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers, thinking. >> okay, so there is wiggle-room in the ten commandments, is what you're telling me. >> she's joy behar. >> and the best part is that current will let me say anything. >> what the hell were they thinking? >> only on current tv. brought to you by geico. 15 minutes could save
FOX News
Dec 3, 2012 3:00pm PST
offer counterproposal to the g.o.p. counterproposal and say tonight unless speaker boehner gives in on raising taxes on the rich, the president is ready to go off the cliff. >> right now i'd say we are nowhere, period. nowhere. >> john boehner declaring a stalemate in an exclusive with fox, as republicans teed off on president obama first offer that included new spending plus 1.6 trillion in tax hikes. totally unacceptable. >> i think we are going over the cliff. it's clear to me they made political calculation. white house officials insisted disaster could be amended and demanded a counter offer on the table. >> what we hope for is specificity from the republicans. >> an hour later, boehner did that. oftenning $800 billion in new tax revenue without raising rates. half what the president wants. far steeper cuts to entitlement than the president called for. $300 billion in savings from other programs like farm subsidiaries. >> the president ignored questions in the oval office. he went to twitter to repeat there can't be tax cut at the rich at the expense of domestic programs. they
MSNBC
Dec 2, 2012 11:00pm PST
that. have cameras there. >> congressman van hollen, you have speaker boehner saying this morning to fox, we are nowhere. this was an unserious proposal. is it just political theater like the treasury secretary said? >> well, what's happened now is that the president has put forward a plan. it's transparent. it's on the internet. speaker boehner needs to come forward and put his counterplan on the table right now. that's what has to happen. so when speaker boehner says we're at a stalemate, it's because he refuses to put forward other options. let's be really clear on what the president has said. he wants to extend tax relief for 100% of american families and small businesses on their first $250,000 of income. and what republicans are saying it is, nobody gets that tax relief unless folks over $250,000 get the extra four cents on the dollar that they were getting compared to the clinton tax rates. and i just don't believe that the american people are going to accept the republican position when we need to extend middle class tax cuts and get serious about our long-term deficit reduct
MSNBC
Dec 3, 2012 6:00am PST
through 18 holes and a black tie bash. speaker boehner sums up with where things are with the word of the week, nowhere. a big fight brewing over republicans ratifying a u.n. treaty to help people with disabilities that's based on a u.s. law signed by a republican president. find out how a republican attorney general plan to overcome the opposition. >> president obama pile on praise that sounds like anything but. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the white house-re house-republican leaders, both sides appear to be very far apart, saluting kennedy center honorees from dustin hoffman to led zeppelin and hitting the golf links with former president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will
CNBC
Dec 3, 2012 3:00pm EST
fiscal cliff is just being released. let's go to e-mailen j amon jav >> they say boehner is offering multi-step solution here, including what he's after is $800 billion in revenue through tax reform. that's obviously significantly less than the $1.6 trillion the president asked for his-n his initial offer last week. other details in this offer being reported by nbc. health savings of $600 billion. other mandatory savings of $300 billion. a revision to cpi of $200 billion. and further discretionary savings of $300 billion. guys, it looks like the horse trading is alive and well here in washington. now this offer being extended from the republicans. you can assume that the white house will not think this is enough tax revenue to go forward, but, of course, offers are being exchanged here so that's a sign negotiations are under way, guys. >> let's get into the details here. $600 billion in health savings. what does that mean for medicare? break it down in terms of where these savings come from. >> i wish i could. what we don't have here is a lot of detail hanging off this chris
MSNBC
Dec 3, 2012 8:00am PST
republican front man house speaker john boehner is sending the white house a message that the president's no more mr. nice guy approach is the wrong approach. >> i think they won the election, must have foregotten republicans continue told the majority in house to. but, the president's idea of a negotiation is roll over and do what i ask. we need to find common ground and we need to find it quickly. >> top republicans used words like stalemate and nowhere to go describe the current state of play. others within their party are taking it one step further telling americans they should be prepared for the punch. >> i thank the president and tim geithner for re-energizing the republican caucus. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. >> with both sides looking like they are dig in but cementing in and the calendar page ticking down what does it take to play let's make a deal. >> let's see how big yours is versus mine in the earnings of their plans. >> everybody should just go to sleep, wake up on december 14th when there's about a week
MSNBC
Dec 3, 2012 7:00am PST
. some of these little things we'll see taken out of file deal. >> to that point here's john boehner talking about when he saw that opening offer. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. you know, we got seven weeks between election day and the end the year. and three of those weeks have been wasted with this nonsense. >> okay. >> it's clear he's not pleased from his ha. is the president in danger of going too far? >> no. i think that everyone is amazed that president obama is pursuing an absolutely normal approach to negotiation. people over the last two years got so accustomed to his strategy of almost preemptive concession, you know, you don't like this, i'll give you more. i'll give you more. what obama did is say look here's what i want. this will solve the problem in my view and by the way we still don't have a recovery that's going quickly enough, we still need to goose the economy some. and the republicans are flabbergasted that he's not already making concessions and all he's asking for is okay guys, you say
FOX News
Dec 3, 2012 6:00am PST
talks are stalled, dead in the water. house speaker john boehner says he's flabbergasted by the white house offer. >> this isn't about democrats and republicans. this business our country. we need to get serious about our deficit and debt that are burying our children's future. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. martha: we have brand-new details on the deadly bus crash that happened in florida. police say the bus driver was confused and lost when he chose the wrong route coming out of miami airport. the top of the bus crumpled after the crash and killed two passengers. it had 32 jehovah's church members on board, they were heading to a conference. bill: if you wash watching "fox news sunday" john boehner described his reaction when the president presented its plan for the fiscal clif
PBS
Dec 3, 2012 3:00pm PST
letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possib
FOX News
Dec 3, 2012 1:00pm PST
cuomo meeting as we speak with house speaker boehner pushing for $42 billion in federal aid after super storm sandy but will the residents see it in the "wall street journal" reporter says if katrina is an example, don't count on it. of $142 billion in federal aid headed for that, only $40 billion made it directly to victims from fema. that is incredible. not right. >>guest: it is not right. when i saw that, cuomo is coming to washington, and you showed the capitol you should have dollar bills coming out of the window because when the governors come to washington they want money with their palms up. that is what governor cuomo wants. he wants the federal government to write a big check to the state. we found with katrina, of the $140 billion, according to independent government auditors, there was rampant corruption and fraud and no bid contracts that went to cronies and we estimate that somewhere between 20 percent to 25 percent to 30 percent of the money was wasted on fraudulent contracts. it didn't helps victims. a lot of people got rich but it wasn't the people who lost their homes.
CNBC
Dec 3, 2012 5:00pm EST
white house's response to the boehner counter proposal to the white house proposal last week. the white house doesn't like the proposal from bane kpp today. dan fifer saying the republican la letter does not meet the balance and sticks the middle class with the bill. clearly what we are seeing is a negotiation. the white house doesn't like what they have been presented and now the offers and counteroffers will continue to fly and will start to get a little more close to one another. neither one of these as they have been laid out is anywhere near where people expect we will end up for a final deal. >> what is your interpretation and analysis of the white house's responses? it sounds like a hard line stance. >> absolutely. the white house says it doesn't meet the test of balance and the president says the most important thing is that we have a balanced approach. he says that in every speech he has made so far. there you see the obama offer in terms of what he has put on the table. he would like to see a bunch of new taxes particularly tax 92 creases, $960 billion and the key here i
CNBC
Dec 3, 2012 6:00am EST
side. we've given them our best view what makes sense for the country. >> meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. >> you can cap deductions at a percent of income, that would be one way to get there. could you eliminate certain deductions for those wealthiest in our country. >> joining us on the topic is david walker. he's on his way here right now. >> and in global market news, a lot of talk about china this morning. a final reading of hsbc's manufacturing purchasing manager's survey for china rising in november, first time above the key 50 mark which indicates expanding rather than contraction. it's been since october of last year. also abroad greece announcing it will buy back bonds through a dutch auction. the set up whether allow athenss to assess the level of demand before setting a final bryce for the deal. part of the country's efforts to cut its about a along debt. and in germany, merkel is not ruling out the possibility of notifying greece some of its debt once athens finances are in better shape. angela merkel
MSNBC
Dec 3, 2012 2:30am PST
speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're nowhere, period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they've actually asked for more revenue than they've been asking for the whole entire time. >> what are the chances we're going to go over the cliff? >> there's clearly a chance. >>> meanwhile, grover norquist making a new prediction should lawmakers fail to reach a deal. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-do
CNN
Dec 3, 2012 4:00am PST
about finding a deal. >> so not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitely have the white house here and democrats feeling that they have some leverage. they look at polls that show americans are more prepared to blame republicans because of the impasse and also the fact that the consequences of the fiscal cliff, these spending cuts and these tax -- pardon me the spending cuts and the tax increases that kick in here at the end of the year, the consequences are very dire and following the election the white house and democrats think that they can really push republicans into a corner here. >> brianna keilar for us. thank you. just ahead we're going to be talking with connecticut senator richard blumenthal will join us to talk a little bit about the democrats' responsibility about this impending fiscal cliff. another story we're following, friends and family of kansas city chiefs jovan belcher looking for answers this morning after he killed his girlfriend and then took his
FOX Business
Dec 3, 2012 1:00pm EST
, boehner called that deal a joke. >> just flabbergasted. i looked, and said, you can't be serious? i just never seen anything like it. we got seven weeks between election day and the end of the year. three of those weeks have been wasted with the nonsense. >> okay. you heard them, the first time in two decades now, acknowledge they want revenues up as the balanced plan, a good first steppedded, but they have to say what they do operates and revenues. that's hard for republicans. >> runs of billions of spending cuts, tax increases begin in less than a month, and with the negotiations, two sides are about where they started. still, aids say it's early to be moving to an agreement with plenty of time for each side to extract the best deal possible before selling it to the parties and selling position to voters. with that, president obama is hosting a twitter question-and-answer next hour. back to you. >> signs on for that. rich, thank you. >> time is returning out on the fiscal cliff, and the next guest thinks there's a deal brewing, optimistic. that's david, adviser's chairman and c
MSNBC
Dec 3, 2012 12:00pm PST
boehner and along with the rest of the leadership has presented an offer to the white house in a letter sent today based off something boles said to the supercommittee last year. you see the offer on the screen. 800 billion through tax reform, 600 billion in health savings, 300 billion in mandatory savings, 300 billion further discretionary savings. it nets to a total of $2.2 trillion in savings. what does it mean? in the letter we know the sticking point is the tax rates. the speaker says, quote, notably the new revenue in the boles plan would not be achieved through higher tax rates, which we continue to oppose and will not agree in order to protect small businesses and our economy. instead new revenue would be generated through pro-growth tax reforms that closes special interest loopholes and deductions while lowering rates. you see in this latest proposal while they offer up pour savings by saying, look, we can tax the rich people through the $800 billion figure. we can find more savings in entitlements reforms and more savings in discretionary spending more so than the budget contr
FOX Business
Dec 3, 2012 9:20am EST
speaker boehner said on taxes. >> the day after the election, i the cameras and made clear that republicans were willing to ut revenue on the table if there were serious spenddng cuts and reforms put in place. we've talked about them. the president and the white house have had three weeks and this is the best we've got? >> so, it's all taxes and all raising taxes, no worries, there are serious proposal or even talk about reforming entitlesments, talks have gone nowhere, we're weeks from january 1st the fiscal cliff deadline. at least we're not stuck on the road to moscow. take a look at video out of russia, thousands of drivers in sub zero temperatures, little food or help for days. it's a one mile long traffic jam. heavy snow in moscow caused a stand still and links with the second biggest city, no, in november, december in russia? who would have thought? the issue of gun control took center stage during the half time show of a football game last night. and listen to what bob costas said in response it a murder-suicide over a kansas city player. >> handguns do not enhance our s
FOX News
Dec 2, 2012 4:00pm PST
americans and republican leaders led by house speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table, a starting point for further negotiations, one would assume, harris? >> not to sound pessimistic, but it's a fact, even if he reached a deal t
CNN
Dec 3, 2012 11:00am PST
down. 29 days to go. how long is the white house willing to wait to hear from speaker boehner, you know, mitch mcconnell, for their sort of volley back? >> reporter: hi, brooke. well, they're saying ready anytime. the clock is ticking and it's ball's in the republicans' court. here is what jay carney had to say a few minutes ago. listen to this. >> making vague promises about achieving revenue through capping deductions or closing loopholes, simply doesn't add up to a serious proposal. we haven't heard which deductions they would cap or which loopholes they would close. >> so that's the white house's position. now, they are waiting to hear about what the republicans would do, what kind of detailed proposal they would offer. the republicans, brooke, for their part are insistent they want to hear about the president's willingness to do entitlements. how much more they would do to cut spending and whether the white house would be willing to scale back on some of those extra spending measures, more dollars the president wants the government to put out next year, that were in some of se
FOX News
Dec 3, 2012 3:00am PST
wallace sat down with jone boehner. >> steve: here is mr. boehner describing the impression at the moment of what tim geithner was trying to sell him. >> i was ghasted and i looked at him and said you can't be serious. i never seen like it we have 7 weeks before election day andepped of the year. three of those weeks are wasted with this nonsense. >> y are talking about roughly. timothy depite gite saying we'll raise taxes 1.6 trillion and washington will increase taxes on capitol gains and we would like to say we like the power to raise the debt ceiling any time we want for the executive branch which is unconstitutional. >> steve: it is not 39 or 35 percent. all nonstarters in the world of negotiation. >> gretchen: two things to discuss. why is it tim geithner doing the discussions inted of the president of the united states. let me know if you have an answer for that. and the reason they are asking for this stuff. this is the way negotiations work when you win the presidency. you are walking around with your chest puffed up. this week, nothing will happen. until you cum come up r
FOX Business
Dec 2, 2012 10:00pm EST
report." senator kay bailey hutchison and sarah gerri: hello, everyone. speaker john boehner and nancy pelosi threatened over the president had to go over the president had her go. we have two guests. welcome to you both. last night, we covered the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6 trillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on pper income folks go up. gerri: it sounds like the same old, same old. the president has been making the same comments agai is this any way to sell a plan? >> there really is not. the president is not being serious about this. t
MSNBC
Dec 3, 2012 10:00am PST
lock as speaker boehner -- joining me chris cizilla and managing editor of post politics.com and chuck todd, political director and host of the daily rundown. guys, busy weekend here in washington. and at every place i went, anybody i talked to, there was nothing but disappointment and the assumption as you've been saying, chuck, nothing will happen another two weeks because they're going to wait until the bitter end. >> does feel like since we're talking about led zeppelin, i'm still shaken by this, the unofficial led zeppelin four changed my life as an 11-year-old. i have it on lp of all things. communication breakdown and that's clearly what's going on here a little bit. there's a communication breakdown. but this still feels as if it's not panic mode yet and maybe i'm the naive one here, whistling pass -- >> no one has ever called you naive. >> it does feel as if we're two weeks away before you hit the panic button. once that weekend before the christmas holidays come, 14th, 15th, 16th if we were in the same place and two weeks from now, then we would be like hit the panic bu
ABC
Dec 3, 2012 4:00am PST
: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go into effect. half of that at the pentagon. the other half coming in transportation, food safety and research. economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days lef
CBS
Dec 3, 2012 4:00am PST
boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama wants $1.6 trillion in new taxes o
FOX Business
Dec 3, 2012 11:00am EST
interesting this weekend to hear, for example, john boehner on with chris l wallace on fox news saying we're nowhere. shouldn't they counter with the president even if they think it's a ridiculous offer? >> if i'm advising the republicans, which i'm not, i'd over a republican plan that's progrowth, pro job creation, get rid of grover, and say this is what we're for, mr. president. here's the plan. i would say let's bargain in good faith. >> the sunday talk shows, geithner saying republicans need to deal with it, and others it's a stalemate. do you think that's for show though? it seems like the deals in washington, at this time of the year happen at the 11th hour, last three years especially for taxes. >> could have been for taxes, but,,and the but is very important, if there's a frame work december 31st at midnight, it will be just that. the markets will, i think, react predictly, and that's not positive. if there's a recession because there's not a tax plan, we'll be hurt. >> that's the wild card; right? how the markets reagent to it because we don't know. >> we don't. >> impossible to pre
CBS
Dec 3, 2012 4:30am PST
washington, house speaker john boehner says republicans and democrats are at a stalemate again in negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was here on capitol hill last week to present the president's plan to congress. >> i was flabbergasted. you can't be serious! >> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't do
FOX
Dec 3, 2012 4:30am PST
obama. but house speaker john boehner says it's not a series plan. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. >> if they are going to force higher rates on virtually all americans because they are not allowing tax rates to go up rob 2% of americans that is something we will have to face. >>> attorneys for oscar grant's family -- grant was shot and killed by police officer johannes mehserle on new years day back in 2009 in two oakland civil rights attorneys will argue before the ninth circuit court of appeals in san francisco that bart police officers should not receive legal immunity. last year a federal judge ruled to let the suit go forward but the officers appealed that ruling to the ninth circuit court. >>> this is day seven of a strike by clerical workers. contract talks between the workers and shippers at the ports of los angeles and long beach have resumed. the walk out by the clerk has dramatically slowed activity at the ports. dock workers are refusing to cross the picket lines. >>> oak 4:36 now. much quieter t
CBS
Dec 2, 2012 6:00pm PST
boehner was not optimistic. >> i would say we're nowhere. period. we're nowhere. >> reporter: earlier this week house gop members rejected a proposal from the white house that included tax hikes, spending cuts and $50 billion in new stimulus. >> we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. >> reporter: if nothing is done and the gridlock continues, about 110 billion in spending cuts and a $500 billion tax increase will automatically start to take effect in 2013. and the tax policy center estimates the average american household would ring in the new year owing about $3500 more on their taxes. republican senator lindsey graham says it's a possibility. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> blaming democrats for not doing enough to meet republicans halfway. >> the president plans when it comes to entitlement reform, this quite frankly a joke. >> reporter: with little more than fingerpointing getting done i
FOX
Dec 3, 2012 12:00pm PST
boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
FOX Business
Dec 2, 2012 11:00pm EST
his national immigration system on the table. come january, speaker boehner, senator mcconnell, will they be able to wrangle their caucuses. lou: i don't think they will have to wrangle them so much. i'm not sure that they are going to be pursuing what you are intimating. >> what are your thoughts? are you prepared to make compromise over this achieved asked? >> not if it retains the amnesty power, which means giving prents to those who are illegal in the country. it is a fiction to think that we suddenly embrace amnesty and abandon our principles. ronald reagan got 35% of the latino build. in 1986, he signed the amnesty bill. you would think that his or support would skyrocket. but we were wrong. the idea that we should abandon our principles, in order to go after those votes, simply historically does not work. >> the idea that we should do the opposite is just, it is rational. lou: we are g t
MSNBC
Dec 3, 2012 2:00am PST
. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough, say republicans who insist the president show more of his hand. >> the white house keeps spiking the ball on tax increases for the wealthy, but it's not yet been forthcoming on real entitlement reform. and without the two, there really is no deal. >> reporter: for now, the sides are far apart. >> what the chances we're going to go off the cliff? >> there's clearly a chance. >> reporter: with time running out, many on both sides say the time for posturing is over. >> at a certain point in time, we have to quit playing to the cheap seats in politics and frankly, that's really what we're waiting
CNN
Dec 2, 2012 4:00pm PST
spending. boehner says the entire proposal represented three weeks of wasted time. >> i was just flabbergasted. i looked at him and said you can't be serious. >> reporter: the house speaker says republicans have put increased revenues, including efforts to close tax loopholes and reform the tax code, on the table instead of raising tax rates for anyone. >> the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the z
CNN
Dec 3, 2012 2:00am PST
three weeks doing basically nothing. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defense of marriage act or california's proposition 8, which defines marriage as strictly between a man and a woman. >>> an evacuation order remains in effect this morning in louisiana as authorities rush to secure more than 6 million pounds of improperly stored gunpowder. the m6 powder was found on property leased by explo systems. an operation is underway to move that powder to underground storage facilities on the site. so far 1 million pounds has been safely stored, enough to fill 27 18-wheelers. >> a member of the coast guard is dead. he was one of two coast guard members thrown off a boat on impact, and suffered a head injury. the coast guard
CNBC
Dec 3, 2012 4:00am EST
eventually yield on raising tax rates on the wealthy, but john boehner is standing firm against those high taxes. >> we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because a small group of governors want to extend tax rates for 2% of americans. no reason why that should happen. >> geithner says republicans will be responsible if no budget deal is reached by the end of the month. boehner says the fight has only begun and he's interested in cutting a deal and not sounding a fiscal alarm. we'll be talking about how the two sides might be able to break the deadlock with a did democratic strategist in the next half hour or so. now, singapore airlines has confirmed it's in talks with interested parties to try to divest its 49% stake in the british airline virgin atlantic. didn't say who the party was, but reporting suggest it could be the u.s. carrier delta air lines. it's been look to go acquir
CNN
Dec 3, 2012 6:00am PST
boehner flatly rejected the plan on the table and what he calls the white house's unwillingness to compromise. >> i was just flabbergasted. i looked at him, i said, you can't be serious. i've never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. >> you know, i think right now the best thing to do is for them to come to us and say, look, here's what we think makes sense. we've told them what we think makes sense. what we can't do is try to figure out what's going to be good for them. they have to come tell us. >> house minority leader and democrat nancy pelosi also jumping into the fray. she's renewed threats to bring a middle income tax cut bill to the house floor if boehner refuses to schedule a vote on the cuts this week. we'll keep you posted. >>> for the past six years, you have helped cnn honor the men and women whose efforts in their communities are changing the lives of others. this year you selected a woman from nepal as your 2012 cnn hero of the year. pushpa b
FOX Business
Dec 3, 2012 4:00pm EST
focus is between the president and boehner, but you're looking at another negotiation that's happening between the vice president and eric cantor. tell us about that. >> well, if you think about 2010, there was a ton of political damage done to the president and to the speaker. they failed, and i think really they're trying to spread out the risk here. if you notice, the last ten days the vice president's been mysteriously quiet. keeping him quiet's a little bit like trying to quiet the arab spring, i might say. david: that's a good point. if the vice president is quiet, somebody's sitting on him. so he is negotiate withing now with cantor? are they coming up with deals that we haven't seen in the press yet? >> they have accomplished a lot more than we think or know in the press. i think what's happening now is as we saw in europe last year, the most dangerous thing for the markets is when politicians start communicating through the press. and investors watchings right now are hope, they're getting whip sawed left and white. but i think behind the scened they've accomplished a lot more
FOX Business
Dec 3, 2012 5:00pm EST
news. to our top story tonight, speaker boehner and house republicans are rolling out their fiscal cliff counteroffer to the white house. includes $800 billion in new tax revenue. that is roughly half what the president was aiming for. 300 billion in discretionary spending cuts. 900 billion in mandatory spending cuts. now the white house responding just moments ago saying quote, the republican letter released today does not meet the test of balance. they don't like it. i'm joined by dan mitch chill from the cato institute for more on this. dan what do you think. these are a lot of things to occur just in the past few hours. do you feel like there is progress being made? >> there is progress but progress in the wrong direction. the number one thing to understand already even if all the tax cuts were made permanent, tax revenues projected to grow by 6.2% a year. so what they're really debating about how much should it grow even faster than that in order to enable bigger government. 100% of our fiscal problem is on the spending side. obama is being very inflexible on that. republicans
ABC
Dec 2, 2012 5:30pm PST
into recession. where do the talks stand? boehner says they are nowhere. and the speaker has a description for the president's negotiation style. he says it's roll over and do what i say. not a good sign with 30 days until the cliff. >> david, thank you. >>> now to a surveillance tape causing real concern this evening. and the race against time for an 11-year-old girl suffering from leukemia. her parents caught on tape, appearing to sneak her out of a hospital in phoenix. doctors the fear her life is at risk and the search is on. >> reporter: these are the last images captured on a surveillance camera of an 11-year-old cancer patient moments before her mother snuck her out of the hospital without doctors knowing. officials say her life could be in danger. the fbi is now involved, helping police track down this family, possibly in mexico. >> if the kid's life is in danger, the parent cannot interfere with the rendering of treatment because it could be child neglect or endangerment. >> reporter: watch as emily, a leukemia patient, follows her mother into a hospital wednesday. bot
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